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11-Oct-2011
Solvay announced that MTP HPJV (Thailand) Ltd, its hydrogen peroxide joint venture with The Dow Chemical Company (Dow), has successfully commissioned the largest hydrogen peroxide (HP) plant in the world. The production process of the new plant in Map Ta Phut, Thailand, is based on Solvay's proprietary, high-yield hydrogen peroxide technology that enables such unique, large-scale plants to benefit from advantages in both specific investment and production costs. Solvay's HP technology also brings significant environmental advantages such as reductions in energy consumption and in waste water.
The plant has a capacity of over 330,000 tons per year of hydrogen peroxide at 100% concentration and serves mainly as a captive raw material source for the manufacture of propylene oxide (PO) by Dow and Siam Cement Group (SCG). Propylene oxide is primarily used to produce propylene glycol, polyurethanes and glycol ethers. It is the second world-scale HP plant dedicated to PO production, the first being the 230,000 tons HP plant (Antwerp, Belgium) commissioned at the end of 2008, which serves a Dow and BASF HPPO plant. Producing PO with HP offers unique and sizeable economic and environmental benefits compared with conventional propylene oxide production technologies.
Chevron Phillips Chemical Completes Sale of its Ryton PPS Business to Solvay
Chevron Phillips Chemical Company announced that it has completed the sale of its Ryton® polyphenylene sulfide (PPS) business to Solvay’s Global Business Unit (GBU) Specialty Polymers (Solvay) for $220 million.As part of the transaction, Solvay purchased the Ryton® PPS unit in Chevron Phill ... more
Ineos and Solvay sign definitive joint venture agreement
INEOS and Solvay have announced the signing of a definitive Joint Venture agreement covering their European chlorvinyls activities. The Joint Venture - to be known as INOVYNTM - was given clearance by the European Commission in May 2014.Formation of the Joint Venture is subject to implemen ... more
AkzoNobel and Solvay seal partnership with Ernst & Young
AkzoNobel and Solvay have joined forces with EY (Ernst & Young) to develop amonitoring system that tracks and quantifiesthe use of renewable raw materials in paints, coatingsand other applications. The partnership builds on last year's agreement between AkzoNobel and Solvay, whereby the com ... more
SOLVAY is an international chemical and pharmaceutical Group with headquarters in Brussels. It employs some 29,000 people in 50 countries. In 2006, its consolidated sales amounted to EUR 9.4 billion, generated by its three sectors of activity: Chemicals, Plastics and Pharmaceuticals. So ... more
Within the Chemicals Sector, the business policy is defined and implemented by 8 business units. Worldwide, the Solvay presence, notably in terms of sales and marketing, is ensured through regional organisations like national offices, affiliates, subsidiaries, … as well as local agents in ... more
Vertellus Completes Purchase of Dow's Sodium Borohydride Business
Vertellus closed on its previously announced acquisition of The Dow Chemical Company’s Sodium Borohydride (“SBH”) business. The acquisition expands Vertellus’ life sciences business, adding new process aids and synthesis capabilities to the company’s asset structure. With a state-of-art ... more
Vertellus Acquires Dow’s Sodium Borohydride Business
Vertellus has signed a definitive agreement to acquire the Sodium Borohydride (“SBH”) business, including associated assets, from the Dow Chemical Company. Vertellus is a portfolio company of Chicago-based private equity firm Wind Point Partners. Wind Point acquired Vertellus in partnersh ... more
Dow Announces Sale of ANGUS Chemical Company
The Dow Chemical Company announced that it has signed a definitive agreement under which ANGUS Chemical Company will be sold to Golden Gate Capital for $1.215 billion. The transaction is expected to close during the first quarter of 2015, subject to completion of customary regulatory filin ... more
With annual sales of $58 billion in 2008 and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the " Human Element ” to constantly improve what is essential to human progress. The Company delivers a broad range of produ ... more
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